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ACP
In financial contexts, ACP often stands for "Average Collection Period," representing the average number of days it takes for a company to receive payments from its customers.
Receivables Balance
The cumulative sum of money that customers owe to a business for products supplied or services rendered but not yet compensated for.
Credit Sales
Transactions where goods or services are sold and payment is deferred to a later date, contributing to a company's accounts receivable.
COGS
Cost of Goods Sold; the direct costs associated with the production of goods sold by a company, including materials and labor.
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